A surprising number of Americans have little in the way of investments and a sad number have none at all. One has to wonder how the non-investing fraction of our fellow countrymen imagine they’re going to get by in retirement. If you don’t sow, you don’t reap. That sad fact is compounded by another and that’s the number of people who[Read More…]
Post Tagged with: "mortgages"
This Winter put a damper on the economy, which is pretty amazing when you think about it. Even in the absence of epic snowstorms and traffic-snarling ice, winter has never been a good time for the housing market. No one really feels like trudging through snow to look at houses, especially when the kids are in school and everyone is[Read More…]
You’ve probably seen the television commercials. The likes of Alex Trebek, former Senator Fred Thompson, Henry Winkler, and Pat Boone are featured, all telling you with a concerned look — followed by lots of smiles — that reverse mortgages may be right for you. Yes, you, Mr. and Mrs. Retired American. Who wouldn’t believe the Fonz? And surely the man[Read More…]